In 2008/09 Geoff Nunn & Associates assisted a major Victorian water company review remuneration structures for inclusion in its Enterprise Agreement and Remuneration Policy. The project involved extensive benchmark evaluations and implementation modelling.
In 2008 Geoff Nunn & Associates was engaged by a newly listed environmental engineering company to assist the Board Remuneration Committee with a review of Board and executive remuneration. This involved use of our board remuneration evaluation model to compare practice to market rates.
During 2008 and 2009 Geoff Nunn & Associates advised a major international engineering and infrastructure development company in a review its total approach to rewarding people. This involved job evaluation and benchmarking against like organisations and development of a model which linked performance to remuneration progression. Implementation is ongoing.
In 2007 Geoff Nunn & Associates was commissioned by a state owned electricity grid operator to review current remuneration strategy for staff covered by their enterprise agreement. We facilitated a number of focus groups, evaluated a range of benchmark positions and undertook detailed market comparisons. The review resulted in a number of initiatives for change.
In the past five years we have completed over 200 projects, similar to those described above in a diverse range of organisations across Australia. 2008/10 has seen a significant increase in demand for our services. Many organisations are seeking to review their remuneration strategies in light of recent economic circumstances.